9507 BOWEN DR
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed by Exquisite Properties, LLC | $199,000 | |
| Listed by Exquisite Properties, LLC | |||
| |||
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Investor opportunity in the established New Territories Garden Homes community-this 3-bedroom, 2-bath single-story property is priced to reflect updates needed, making it a smart buy for those looking to add value with some sweat equity! With no HOA and a strong rental market in the area, this home offers great upside. The open layout includes high ceilings, a fireplace, and a bright kitchen with breakfast bar. The private backyard with a patio and privacy fence, offers much opportunity for you to add outdoor appeal. Zoned to highly rated Northside ISD schools and close to major highways, the medical center, shopping, and dining, the location supports both resale and rental potential! Whether you're flipping or holding, this is a solid investment opportunity you don't want to miss.
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| Sep 12, 2008 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Side
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$1,950 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017